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� , . . <br /> . � <br /> AJ <br /> � <br /> �� AMENDMENT TO REDEVELOPMENT AGREEMENT <br /> � <br /> m <br /> �a <br /> � <br /> �,� THIS AMENDEMENT TO REDEVELOPMENT AGREEMENT <br /> '� (this "Amendment") is entered into this 21 st day of October 2010, by and <br /> � <br /> �' between REYNOLDS DEVELOPMENT, LLC, a limited liability <br /> �� coinpany (the "Developer") and the CITY OF DECATUR, an Illinois <br /> o home rule municipal corporation (the "Municipality"). <br /> 0 <br /> aa <br /> RECITALS <br /> A. Developer and Municipality entei•ed that certain Redevelopinent <br /> Agreement dated November 7, 2006 (the "Agreement") and Amended that <br /> Agreement on August 4, 2008, for the purchase of the Premises located <br /> within the Development Area as described in E�iibit A to the Agreement in <br /> order to undertake a certain Development Project. <br /> B. Unless otherwise defined in this Amendment, capitalized terms <br /> shall have the meanings assigned to them in the Agreement. <br /> C. Developer and Municipality desire to amend paragraph 10 to <br /> provide for the Municipality's prepayment of its financial obligations. <br /> D. Developer and Municipality further desire to amend Exhibit A <br /> to the Agreeinent to allow the Developer to recover more eligible <br /> redevelopment projects costs per category than the amount estimated subject <br /> to the rnaximum reimbursable amount. <br /> AGREEMENT <br /> NOW THEREFORE, in consideration of the above Recitals, mutual <br /> proinises, wat-�•anties and terms set forth herein, together with othei- good and <br /> valuable consideration, the receipt and sufficiency of which ai-e hereby II <br /> acknowledged, the parties hereto represent, covenant, warrant and agree as <br /> follows: <br /> 1 <br />